Golden Falcon Consultants specialize in professional company liquidation services in Dubai with the understanding that the end of a business is a complicated process. Company liquidation means the closure of a business where the assets are liquidated, debts are paid, and the remaining funds are distributed to the shareholders. We provide a reliable service with a team of professionals to facilitate an uncomplicated liquidation experience for business owners of all sizes.
Liquidation is a legal undertaking enabling companies to resolve outstanding debts and liabilities, ensuring creditors are paid and the entity ceases to operate. Liquidation services may be necessary when the company is unable to meet its financial responsibilities or when continuing the business becomes unfeasible. Shareholders are also able to benefit from the orderly liquidation process when they conclude their business relationships, distribute company assets, and dissolve the company.
Golden Falcon Consultants can offer a variety of types of liquidation services that depend on what your situation requires. These include:
The liquidation of a company is initiated by a company's shareholders, or directors, who voluntarily decide to wind up the business. A voluntary liquidation process is more typical with a solvent company that is not strategically suited to its owners.
This is a court ordered liquidation that arises from an application made by an unpaid creditor when a company cannot pay a debt when due. In compulsory liquidations an official liquidator is appointed by the Court.
This occurs when a company cannot pay its debts and that shareholders have resolved to liquidate voluntarily. The company's creditors are consulted and the entire liquidation process is conducted under the supervision of the liquidator once appointed.
The role of liquidator in the liquidation of a company is important. The liquidator is the appointed individual who has the professional responsibility to sell the company's assets, repay any creditors of the company, and distribute any surplus funds to the shareholders of the company.
The liquidator is required to follow local law, attend to any legal items, and act for the company with regard to creditors. Golden Falcon Consultants has professional liquidators that manage the whole process with dignity, openness, and efficiency, in a way that all parties leave satisfied. We provide professional liquidation services in Dubai, ensuring a smooth, transparent, and compliant closure process for businesses of all sizes.
Company liquidation procedures in Dubai normally have several steps to provide for smooth completion. At Golden Falcon Consultants, we will assist you through the process, as outlined below:
Our liquidation services in Dubai cover every step that range from financial auditing and document clearance to final deregistration helping companies exit the market with complete legal compliance and peace of mind.
The process of company liquidation can depend on a various factors and Golden Falcon Consultants can assist with the entire process. Specific factors include but are not limited to:
If you have decided with your company's liquidation, then we at Golden Falcon Consultants are here for you at every step of the way. Contact us for a free consultation today. let us help you navigate the complexities of company liquidation services in Dubai.
For starters, you must appoint a licensed liquidator. The following steps include preparing final accounts, getting approvals from relevant authorities, and submit all documents to the Department of Economic Development (DED) for deregistration.
The cost varies depending on the company type, size, and pending obligations, but approximately starts from AED 8,000–AED 15,000.
The process typically takes 4 to 8 weeks, based on document readiness and necessary approvals from government authorities.
The best and fastest way to liquidate a company is to partner with professional consultants like Golden Falcon Consultants, who handle documentation, auditing, and approvals efficiently to speed up the process.
Company owners, shareholders, or authorized representatives can apply for liquidation on behalf of the business.